How to Buy Chainlink (LINK) in Guinea-Bissau

A Step-by-Step-Guide on how to buy Chainlink (LINK) in Guinea-Bissau

Step 1 – Signup to Kraken

You'll first need to purchase one of the bigger currencies. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click below to register and receive your welcome Ethereum (ETH) or Bitcoin (BTC).

Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. Chainlink (LINK) is available on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Exchange? (Just follow this guide)

Make sure you've selected the exact coin you wish to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. If you are dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our manual).

Step 3 – Locate (LINK) Chainlink

Once your deposit has been confirmed, you'll directly have access to your assets and you can begin buying and trading. To invest in Chainlink (LINK) on Binance, you will want to go to the tab which is called “Exchange” and click on “Basic”.

To locate (LINK) Chainlink, you will need to insert the shortname of the coin (LINK) into the search-box, which is marked in the graphic. Make sure you have choosen the proper pairing, we've marked this also. Click on “LINK/BTC” to go on.

Step 4 – Purchase (LINK) Chainlink

As soon as you've found Chainlink (LINK), you'll be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we are going to make our own Limit Order.

The “Price” field will be automatically filled with the most up-to-date tariff Chainlink (LINK) was sold for. You can change this to your preferred rate. The “Amount” field is the quantity of LINK you want to purchase. The field with the “Total” tag is the aggregated price in BTC that you'll pay for the whole quantity of LINK.

When you're happy, click on “Buy LINK”. Your plan will be filled when a Vender trades their LINK for the price you submitted.

Step 5 – Withdraw (LINK) Chainlink

Unless you are frequently trading, you should never keepyour crypto on an Crypto Exchange for an extended time period. In order to withdraw your Chainlink (LINK), go to the tab called “Funds” and mouse click on “Withdraw”. (LINK) Chainlink can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find Chainlink (LINK) by using the provided drop-down box. Drop in the quantity of Chainlink (LINK) you'd like to take off. Don't forget the shown fees/minimums. Also make sure you have entered your correct withdraw address.

If you're glad, make a mouse click on “Submit”. You could be requested for verfication via email/phone before a withdrawal.

Congratulations! You have successfully purchased and stored Chainlink (LINK) in Guinea-Bissau.

That's it!

Withdrawals from Exchange can take anywhere from 1 – 30 minutes (rely on network usage). As soon as you've proved your withdrawal with Etherscan.io or Ethplorer.io and the Chainlink (LINK) is safe inside your wallet, you are all done.